Denmark: Metal Non-Electric Bell Market 2025

Metal Non-Electric Bell Market Size in Denmark

The Danish metal non-electric bell market stood at $X in 2021, increasing by 6.2% against the previous year. Over the period under review, consumption, however, faced a deep slump. Metal non-electric bell consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Metal Non-Electric Bell Production in Denmark

In value terms, metal non-electric bell production expanded modestly to $X in 2021 estimated in export price. Overall, production recorded a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of 37%. Metal non-electric bell production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Metal Non-Electric Bell Exports

Exports from Denmark

In 2021, overseas shipments of non-electric bells and gongs of base metal increased by 108% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, continue to indicate a sharp downturn. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, metal non-electric bell exports surged to $X in 2021. Over the period under review, exports, however, faced a deep downturn. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Mexico (X tons) was the main destination for metal non-electric bell exports from Denmark, with a 48% share of total exports. Moreover, metal non-electric bell exports to Mexico exceeded the volume sent to the second major destination, Norway (X tons), threefold. Sweden (X tons) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume to Mexico stood at +1,140.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-33.6% per year) and Sweden (-11.7% per year).

In value terms, Mexico ($X) emerged as the key foreign market for non-electric bells and gongs of base metal exports from Denmark, comprising 62% of total exports. The second position in the ranking was taken by Norway ($X), with an 11% share of total exports. It was followed by Sweden, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico totaled +737.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-32.5% per year) and Sweden (-8.4% per year).

Export Prices by Country

In 2021, the average metal non-electric bell export price amounted to $X per ton, growing by 39% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of 47%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Non-Electric Bell Imports

Imports into Denmark

In 2021, approx. X tons of non-electric bells and gongs of base metal were imported into Denmark; increasing by 55% compared with 2020 figures. Over the period under review, imports, however, continue to indicate a slight reduction. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, metal non-electric bell imports soared to $X in 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 122%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X tons), China (X tons) and Germany (X tons) were the main suppliers of metal non-electric bell imports to Denmark, together accounting for 80% of total imports. These countries were followed by the Netherlands, Hong Kong SAR, India, Nepal, Sweden, Indonesia and Spain, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Nepal (with a CAGR of +45.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), China ($X) and the Netherlands ($X) constituted the largest metal non-electric bell suppliers to Denmark, together comprising 68% of total imports. These countries were followed by Germany, Hong Kong SAR, Sweden, Nepal, India, Spain and Indonesia, which together accounted for a further 22%.

In terms of the main suppliers, Nepal, with a CAGR of +54.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average metal non-electric bell import price amounted to $X per ton, leveling off at the previous year. In general, the import price, however, continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2019 an increase of 121% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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